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The upper elites, who are one-twentieth of 1 percent (0.05) of the world’s population, get richer, and the rest of us struggle to get by. More than half of the world’s population lives in semi-poverty, tormented by combinations of poor nutrition, homelessness or the threat of it, and inadequate healthcare.
The report titled, “African-American Women: Our Science, Her Magic,” was released by Nielsen during the Congressional Black Caucus Foundation’s annual legislative conference; it revealed that African-American women’s consumer preferences and brand affinities are resonating across the mainstream culture, driving total Black spending power toward a record $1.5 trillion by 2021.
But while the Labour Party tears itself apart, with a challenge to its far-left leader, Jeremy Corbyn, there are some real positives to take from what happened. There is still a chance that Britain might not leave the EU. Article 50 notification, the official start of the withdrawal process, has not happened, and will not happen until the autumn at the earliest. Once it does, Britain and our European neighbors then have to come to agreements on the status of Brits abroad and Europeans in the United Kingdom, about contributions to the EU budget, and so on.
“Half of today’s working-age households are unlikely to have enough resources to maintain their standard of living once they retire,” according to the National Retirement Risk Index, compiled by Boston College’s Center for Retirement Research. That conclusion is based on very conservative assumptions, according to the index, which measures the share of working-age American households at risk of being unable to maintain their pre-retirement standard of living in retirement.
Recent impressive growth notwithstanding, corruption also threatens to hold back India’s and Brazil’s drive to join the ranks of the world’s developed countries, and has brought Venezuela and Ukraine to the brink of political collapse. Even China, this century’s economic star, is being handicapped in its long-term quest to overtake the U.S. economically by corruption, so much so that China’s new supreme leader, President Xi Jinpang, has made stamping it out one of the main priorities of his time in office.
No country in the world is as experienced as Vietnam is in coping with China. Indeed, for Vietnamese, maintaining stable and minimally friendly relations with Beijing poses formidable and unremitting challenges. During waves of Chinese expansion, these challenges are doubly difficult. On one hand there is the need to deal with an aggressive neighbor in sensitive but self-respecting ways, without unduly compromising national sovereignty and interests.
As the White House prepares to launch a major economic opportunity effort, record high unemployment among black and Latino youth underscores how essential it is to create job opportunities for young people of color. The critical issue here is that the ages of 16 to 24 are make or break years for lifelong earning potential. With one out four blacks and one out of six Latinos under the age of 25 without work, a generation of youth of color risks falling behind.
Since TOMS launched in 2006, “buy one, give one” or “one for one” companies have become a major trend in the corporate social responsibility movement. Countless companies now subscribe to the belief that by donating one product for each product sold, business can be both profitable and beneficial to those in need. Such businesses manufacture and distribute anything from boots, blankets, backpacks and flashlights to food bars, soap, soccer balls and toothbrushes.